Financial
Distress signals
Property profile

1024 1St St Snohomish, WA 98290

FOR SALE
Retail space
Property ID
US90-1516575
14,102 SF 0.11 ac lot Built 1893
Last sale Jun 1997 · $96,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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1024 1St St, Snohomish, WA 98290 For Sale
$5,800,000 14,102 SF
1024 1St St, Snohomish, WA 98290
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Property summary

AI-generated overview

The Historic Marks Building is a multi-story commercial property totaling approximately 19,502 square feet, located at 1024 1st St, Snohomish, Washington, within the Historic Business District area. The building’s exterior and interior retain original brick, stone, and glass elements, with interior features including original doors and windows, high ceilings, and original wood floors. Upper levels provide views of the Snohomish River Valley, the Cascade Mountains, and the Historic Business

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$20k
Tax billed · 2023
Assessed value$2.33M
Assessed land$308k
Assessed improvement$2.02M
Effective rate0.88%

Value estimate

· Sep 2026
$2.20M
$1.98M – $2.42M
CAP approach$3.06M
Submarket $/SF estimate$1.37M
NOI build-up
Gross scheduled income$534k
Vacancy & credit loss−$70k
Operating expenses−$116k
NOI · 5.99% cap applied$347k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$344/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$202 – $489

Cap rate analysis

How does the asset earn?
5.99%
$347k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R6
JurisdictionSNOHOMISH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.8
Storage Facility9.5
Locksmith8.9

Location

1024 1St St Snohomish, WA 98290
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
112 Ave D, Snohomish, WA 98290-2743 $900,000 Dec 2024 4,345 SF
618 Maple, Snohomish, WA 98290-2500 $740,000 Sep 2023 3,830 SF
825 Ave D, Snohomish, WA 98290-2095 $7,500,000 May 2022 26,458 SF
115 Ave D, Snohomish, WA 98290-2742 $445,000 Oct 2021 5,744 SF
1118 1st, Snohomish, WA 98290-2974 $1,750,000 Feb 2021 7,728 SF
1002 1st, Snohomish, WA 98290-2909 $1,000,000 Dec 2020 3,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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